Third Link Growth Fund retains Zenith ‘Recommended’ rating, reinforcing its unique investment and philanthropic model

Chris Cuffe

The Third Link Growth Fund has retained its ‘Recommended’ rating from Zenith Investment Partners, marking another year of independent recognition for the Fund’s distinctive combination of active investment management and charitable impact.

The rating reflects Zenith’s continued confidence in the Fund’s long-term investment philosophy, experienced leadership and unique structure, which enables investors to build wealth while supporting Australian charities.

Established in 2008 by Chris Cuffe AO, the Third Link Growth Fund provides investors with access to a carefully selected portfolio of leading Australian active equity managers through a diversified multi-manager approach.

Since inception, the Fund has delivered a net return of 9.09% a year[1] – while donating $25 million to Australian charities. Through its unique structure, the Fund donates 1% of funds under management annually, enabling investors to achieve attractive long-term investment returns while creating a lasting social impact.

Zenith highlighted several key strengths of the Fund, including:

• its differentiated active multi-manager investment approach,
• the calibre and experience of founder and Portfolio Manager Chris Cuffe,
• the underlying managers’ unique rebate of management and performance fees, enhancing long-term investor outcomes, and
• the Fund’s embedded charitable purpose, making it an attractive option for socially conscious investors.

Chris Cuffe, Founder and Portfolio Manager of the Third Link Growth Fund, said the renewed rating recognises the enduring strength of the Fund’s philosophy.

“We’re delighted that Zenith has maintained its Recommended rating. It reinforces our belief that investors shouldn’t have to choose between achieving attractive long-term investment outcomes and making a positive difference in the community.”

“The Third Link Growth Fund was established with a simple idea: bring together some of Australia’s best active fund managers in a single portfolio and use investing as a force for good. Nearly two decades later, that philosophy remains as relevant as ever.”

The Fund’s investment process focuses on identifying high-quality boutique investment managers with demonstrated skill in stock selection across Australian equities. By combining complementary investment styles and actively managing allocations, the Fund seeks to deliver attractive long-term returns while benefiting from broad diversification.

In 2025, the Fund further strengthened its governance through the establishment of an independent Investment Committee, chaired by Chris Cuffe and joined by respected industry leaders Jason Coggins and David Wright. Zenith noted the establishment of the committee positively, recognising the additional oversight it provides across portfolio construction, manager selection and investment governance.

Nina Dunn, Head of Distribution and Marketing for Third Link Investment Managers, said the rating reflected the collaborative efforts of everyone involved with the Fund.

“This recognition reflects the generosity of our outstanding underlying fund managers, who rebate their management and performance fees to help maximise our charitable impact. It’s a powerful example of the investment industry coming together to deliver strong outcomes for both investors and the community.”

Today, the Third Link Growth Fund manages approximately $140 million on behalf of investors while supporting charities that empower young people, improve employment opportunities for disadvantaged youth, and create lasting systemic impact across Australia.

As active management continues to create opportunities in an increasingly concentrated Australian sharemarket, Third Link remains committed to delivering strong long-term investment outcomes while extending its positive impact across the community.

To learn more about the Third Link Growth Fund, request a copy of the Product Disclosure Statement, or discuss whether the Fund may be suitable for your investment portfolio, please contact Nina Dunn or visit www.thirdlink.com.au.